AMERICAN AXLE & MFG (AXL-NYSE): Technical Viewpoint: From a low of $26.40 on Mar 22, 2002 prices rallied, reaching a high of $33.90 on Apr 17, 2002. A decline saw prices pull back, reaching a low of $30.75 on Apr 29, 2002. Another rally saw prices penetrate resistance, closing 5/3/02 at $34.50. Technicals: Momentum Index (MTM): A Buy Alert! was given on May 3, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $31.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on May 2, 2002. A P&F upside reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN AXLE & MFG (AXL-NYSE) @ $34.75 Stop: Use a protective stop of $32.25. AMERICAN AXLE & MFG is currently trading @ $34.50 plus $1.79 on May 3, 2002. Price Objective: $53.00. Risk/Reward: $2.50 VS. $18.25. Today's Risk Reward Ratio: 7:1